JUDGE GRANTS MOTION ON PLEADINGS FOR DEFENSE IN FDCPA CASE OVER AVILA DISCLOSURE
- Verbs are important components of a sentence. In fact, a sentence isn’t really a sentence without a verb in it. But choosing the right verb can be difficult. Take, for example, a collection letter that includes a disclosure attempting to inform the recipient of the letter that the balance that is owed is not static. If the sender of the letter knows that the balance is growing because interest is accruing on the unpaid debt, does the sender have to be definitive in notifying the recipient of said accrual? Not necessarily, according to a District Court judge in New York, who granted a defendant’s motion for judgment on the pleadings in a Fair Debt Collection Practices Act case.
CFPB FINES DEBT RELIEF COMPANY $150K FOR SCAMMING $30M FROM CONSUMERS
- The Consumer Financial Protection Bureau and the Attorney General of Georgia yesterday announced a consent order with a debt relief and credit repair company and its owners that were accused of deceiving consumers into hiring the company to lower or eliminate credit card debt and improve the consumers’ credit scores. Under the terms of the consent order, the parties will be banned from the telemarketing any consumer financial product and selling debt relief or credit repair services while also paying a fine of $150,001, while a penalty of more than $30 million to repay affected consumers is being suspended.
CFPB RELEASE SUPERVISORY HIGHLIGHTS, SPOTLIGHTS ISSUES FOUND DURING EXAMINATIONS OF COLLECTION OPERATIONS
- The Consumer Financial Protection Bureau has released the 24th issue of its “Supervisory Highlights” reports, which shares the results and findings from examinations of companies regulated by the CFPB with respect to how those companies are complying with federal law. This includes debt collectors and their compliance with the Fair Debt Collection Practices Act, which the CFPB “identified violations” of during its examinations.
STIR/SHAKEN COMPLIANCE DEADLINE IS TODAY
- Today is a new day for companies making calls, including those in the accounts receivable management industry. Starting today, phone carriers are required to deploy the STIR/SHAKEN call authentication protocols that were built to combat the illegal spoofing of phone numbers and provide consumers with a level of comfort that the phone numbers they see on their caller IDs are actually the people who are calling them.
WORTH NOTING: An updated FAQ on COVID-19 mask requirements and guidelines … I didn’t need it, but here is yet another reason to get out of New Jersey … When does middle age start? … How people plan to spend their child tax credits … How America’s largest credit card issuer is handling its employees returning to work … How to stay cool without air conditioning … A lot of people are going to have a need for long-term care in the future … Why grilling experts prefer charcoal.
How to make the best — and easiest — French toast
This is pretty impressive
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